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Archive for June, 2014

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CEPA EXPO team at the Prague Castle

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WARRIOR POSE

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Preparing for our CEPA EXPO

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Ecological footprint of business aviation

Despite popular misbeliefs, the ecological footprint of business aviation is the smallest of all transport industry, with only 0,04% of the total CO2 emissions.

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Source: EBAA

 

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YTD business aircraft flights activity analysis

European business aircraft flights increased by 17 per cent in May 2014 from the previous month, but fell by 2.2 per cent when compared with activity in May 2013. The European market is currently below 2013 activity levels by 0.6 per cent.

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(Source: WINGX Advance, BAM – May, 2014)

 

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CEPA members activity by mission type, Q1 – 2014

There has been significant growth in charter demand for top end of fleet, less so
for midsize aircraft, for which private usage has fallen sharply.

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Source: WINGX Advance, exclusively for CEPA

 

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CEPA members compared to non-CEPA Europe business aviation activity Q1 – 2014

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Source: WINGX Advance, exclusively for CEPA

 

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BlueSky News Article: DECISIONS

hen you have to make a decision it means you are faced with a choice. Go one way or the other. That is the good thing about decisions. It doesn’t matter what you have to decide upon, whether it be about the purchase of a new aircraft or used; to stay with your current job or take a new opportunity; decide what to do in your relationship; there is a choice to be made.

Many of us looked forward to EBACE 2014 with either expectation or hope. As industry members we probably made personal judgements before the event that perhaps our expectations to do good business might be low but our hopes were high. Again choices were made.

And then the show turned out to be a success despite our expectations. Once the first day began it was clear that business was strong, relationships were fruitful, and conversations were to the point. Many things were achieved without wasting time and the event became a fast and productive way of doing business and helping to move our market along.

As I write, in economic terms the CEE is still in a period of financial uncertainty. Similar to EBACE, there is expectation and hope but no one feels confident to predict an exact outcome in terms of growth nor when that will be. But if we take the example given to us at EBACE perhaps we can be confident of gains in market momentum. After EBACE many are now supporting a positive approach to the aviation business and this in itself will help maintain progress, allied to steady encouraging financial and economic results spreading through the EU.

Harnessing this momentum within the aviation sector and pushing it further onwards will be one of the main aims of this year’s CEPA EXPO which is being held in the traditional Spanish Hall at Prague Castle on 19th and 20th November. CEPA Chairman, Roger Whyte has been working amongst the key people in the industry to ensure this event is more productive than ever. It remains the ideal opportunity following EBACE for our sector to share its expertise and exchange news and ideas to move towards the market that Europe needs so badly.

Cultural understanding is growing globally and this is coinciding with global economic momentum increasing within the CEE. So the best way to move forward is to make the optimum out of every opportunity – and to deal with decisions that give you choices.

When you are faced with difficult decisions about finding the right commercial deal, aircraft purchase or direction for your business strategy, you might consider the example provided by the Astronomer Johannes Kepler, when he first encountered difficult decisions when trying to solve the problem of finding the perfect wife. His search took in 11 candidates, all of which failed to bring about a successful union. In modern parlance Kepler needed an optimal strategy that whilst perhaps not guaranteeing success, would maximise his likelihood of satisfaction. Mathematicians believe this can be achieved using a formula whose rules are simple: start with a situation where you have a fixed number of options requiring a decision and apply the formula ‘e’, which expressed as a fraction 1/e equals 36.8%. Effectively this formula suggests the first 36.8% of choices can be discarded, but the next opportunity should be the right one. For Kepler this meant that his first 4 choices were no good, and the 5th was the one he should have chosen. Strange then that he eventually returned to his 5th option and their marriage was a very happy one.

So in looking forward the 2014 CEPA EXPO lets be positive about the decisions facing us and the exciting choices that we have to help us make them.

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Article by Dagmar Grossmann

 

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Private jets brought over 600 million USD in economic benefits to Central Europe in Q1 2014

CEPA-Q1

Recently the Central European Private Aviation Association released first quarter private jet usage figures for its member countries. While we may think of places like Palm Beach and Cannes when we think of private jets, and the money they bring, the CEPA statistics highlight the importance of private jet travelers for all countries.

Keeping in mind spend from a single private jet party averages $69,000 (excluding fuel, catering and landing fees) for hotels, land transfers, dining, shopping, touring, meeting facilities, just in the first three months the 2,120 private jets arriving in Poland contributed $146 million to the economy.

To put this in perspective, the government reports average spend is $398 per capita for visitors. This means it would take 366,834 ‘normal’ visitors to equal the economic benefit of the 2,120 general aviation flights. Looking at it another way, it would take more commercial airline flights – 2,450 with 150 passengers on board each flight – to equal the contribution of the private jet market.

All together, private jets brought over $600 million in economic benefits to Central Europe during the period. Below is the economic contribution of private jet users during Q1 2014 for other countries in the group.

Source: http://douggollan.com/2014/05/10/private-jets-bring-big-money-to-central-europe/

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European business aviation flight activity in April 2014

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Source: WINGX Advance, BAM – 2014